Ben Armstrong, better known as BitBoy in the cryptocurrency community, has made waves with his bold prediction that XRP may soon surpass Ethereum in market capitalization. Known for his strong opinions on various crypto assets, BitBoy recently took to Twitter to share his belief that XRP is on track to outpace Ethereum during this ongoing bull run. This prediction follows XRP’s impressive performance, particularly its recent achievement of surpassing Binance Coin (BNB) to become the fifth-largest cryptocurrency by market cap.
The pivotal moment occurred when XRP reached $1.70, elevating its market cap to approximately $97 billion, surpassing BNB. But the surge didn’t stop there. XRP’s price continued to climb, hitting a new three-year high of $1.94, which pushed its market cap beyond $110 billion. This puts XRP in close competition with Solana (SOL), which currently has a market cap of $117 billion. If XRP’s price were to reach $2.10, it could surpass Solana, positioning it just behind Ethereum, which remains the leader in the altcoin space.
While Ethereum still holds a commanding position in the market, with its price sitting at $3,704 and a market cap of $445.16 billion, many are beginning to question how long it can maintain this dominance. BitBoy’s recent comments, “ETH, you can run, but you can’t hide [from XRP],” reflect the growing confidence in XRP’s ability to challenge Ethereum’s position. He believes that XRP’s surge could continue, eventually making it a strong contender in the race for the top cryptocurrency spot.
For XRP to reach Ethereum’s market cap, it would need to increase its price significantly—potentially four times its current value. This may seem like an ambitious goal, but the recent performance of XRP has demonstrated its potential for massive growth. In fact, XRP has surged by 291% from its price of $0.4968 on November 4 to its current value of $1.94. Over the same period, Ethereum’s price has increased by only 40%, which has led some to believe that XRP’s momentum could continue while Ethereum’s price action may slow down.
Looking at the current trend, it’s clear that XRP is gaining traction. If the bullish momentum persists, XRP could target a price range closer to $8, bringing it closer to Ethereum’s current market cap. Many analysts believe this could be possible if XRP continues to show the same strength it has in recent weeks. However, some market watchers are more cautious, suggesting that XRP might face resistance in the $3 to $5 price range, where the rally could slow down or consolidate.
The optimism surrounding XRP’s growth is rooted in its impressive performance over the last month, during which the asset has gained significant attention from investors. Some even predict that XRP could reach double-digit prices in the future, especially if its price action continues on its current trajectory. A surge past Ethereum’s market cap would mark a monumental shift in the cryptocurrency landscape, but it’s still uncertain if XRP will maintain this momentum.
Ultimately, whether XRP can overtake Ethereum is still up for debate. While XRP’s recent performance and impressive gains have caught the attention of many, Ethereum’s well-established position as the leader of the altcoin market gives it a strong defense. However, if XRP’s bullish trend continues and Ethereum’s growth remains slow, it could become a race to watch closely in the coming months. As the market evolves, crypto enthusiasts will be keen to see if XRP can continue its journey toward outpacing Ethereum, or if the latter will retain its dominance.
As of now, BitBoy’s bold prediction has many wondering if the flip is truly on the horizon. Time will tell if XRP can sustain its rally and achieve the unprecedented goal of surpassing Ethereum in market cap during this bull run.
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